How to buy Reddit shares

Reddit shares are now available on some UK investing platforms and brokerages after the stock was listed on the New York Stock Exchange in a recent IPO.

The popular social media network - and catalyst for the meme stock craze - Reddit is now a publicly traded company on the New York Stock Exchange (NYSE). The platform has over a billion users worldwide, and you now have the opportunity to buy Reddit shares if you want to upvote this stock and put it in your portfolio.



How to buy shares in Reddit

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. RDDT in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Our top picks for where to buy Reddit shares

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Fees calculator for buying Reddit shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

12
Platform Finder Score Account fee Min. initial deposit Trade cost Link
eToro Free Stocks logo
4.3 ★★★★★
£0 $100 £615.31
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Saxo Share Dealing Account logo
4.3 ★★★★★
0.12% per year £0 £607.87
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XTB logo
4.4 ★★★★★
£0 £0 £609.24
Go to siteCapital at risk
CMC Invest share dealing account logo
4.4 ★★★★★
£0 £0 £609.24
Go to siteCapital at risk
Hargreaves Lansdown Fund and Share Account logo
4.2 ★★★★★
£0 £1 £624.23
Go to siteCapital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Reddit

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Reddit), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Reddit is a major part of the NYSE, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Latest updates for Reddit

June 24, 2024: On Monday, Deutsche Bank maintained a Buy rating on Reddit with a steady price target of $65, according to Investing.com.

June 7, 2024: On Thursday, Cathie Wood-led Ark Invest made significant trades in Amazon and Reddit, amidst notable developments in both companies, according to Reuters.

Is it a good time to buy Reddit stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Reddit's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of RDDT stock over time.

Historical closes compared with the last close of $63.89

1 week (2024-06-20)11.50%
1 month (2024-05-29)13.48%
3 months (2024-03-27)29.54%
1 year (2023-06-23)N/A
3 years (2021-06-23)N/A

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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  • Pay no stamp duty on UK shares
  • Commission-free trading. Other fees may apply.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Written by

George Sweeney, DipFA

George is a deputy editor at Finder. He has previously written for The Motley Fool UK, Nasdaq, Freetrade, Investing in the Web, MoneyMagpie, Online Mortgage Advisor, Wealth, and Compare Forex Brokers. He's focused on making personal finance and investing engaging for everyone. To do this he draws from previous work and his Level 4 Diploma for Financial Advisers (DipFA), sharing what he’s learnt. When he’s not geeking out about money, you’ll find him playing sports and staying active. See full profile

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